Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 52-Week High – Here’s Why

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s share price hit a new 52-week high on Monday . The stock traded as high as $342.95 and last traded at $342.9320, with a volume of 4081712 shares changing hands. The stock had previously closed at $342.40.

Vanguard Total Stock Market ETF Stock Up 0.2%

The firm has a market cap of $584.14 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The company has a 50 day moving average of $334.64 and a 200 day moving average of $324.59.

Institutional Trading of Vanguard Total Stock Market ETF

Hedge funds have recently made changes to their positions in the stock. Gallagher Fiduciary Advisors LLC grew its position in shares of Vanguard Total Stock Market ETF by 30,685.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after acquiring an additional 149,842,394 shares in the last quarter. Rakuten Investment Management Inc. bought a new position in Vanguard Total Stock Market ETF during the third quarter worth $15,530,622,000. Kingstone Capital Partners Texas LLC lifted its stake in Vanguard Total Stock Market ETF by 537,754.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 8,659,452 shares of the company’s stock worth $2,631,867,000 after purchasing an additional 8,657,842 shares during the last quarter. Symphony Financial Ltd. Co. boosted its holdings in Vanguard Total Stock Market ETF by 40,887.2% in the second quarter. Symphony Financial Ltd. Co. now owns 7,376,472 shares of the company’s stock worth $2,242,006,000 after purchasing an additional 7,358,475 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

About Vanguard Total Stock Market ETF

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.